Whalesbook
Is poori AI ki daud mein, bank ne ek bada plan banaya hai jise '70-50-30' bol rahe hain. Iska matlab hai ki bank apne tech operations ke 50% portfolio owners aur 30% senior tech leaders ko India mein hi rakhega. Toh ab ye centers sirf kaam karne ki jagah nahi, balki asli decision-making power wale centers ban jayenge, jahan ab 70% internal staff aur 70% engineers hain.
Aur haan, bank 20,000 employees ko AI ki training bhi de raha hai, taaki sab log responsible AI use seekh sakein. Stefan Schaffer, jo DIPL CEO hain, keh rahe hain ki itna eagerness unhone pehle nahi dekha.
Ab agar valuation ki baat karein toh Deutsche Bank AG (DBK.DE) ka P/E ratio roughly 7.77 se 10.23 ke beech hai, jo Europe ke banks jaise HSBC (P/E ~10.4) aur Santander (P/E ~10.8) ke aas paas hai, lekin US banks jaise Goldman Sachs (P/E ~16.3) se kam hai. Analysts ka kehna hai ki stock mein 45% tak ka upside dikh sakta hai.
Ye trend sirf Deutsche Bank tak nahi hai, baaki banks bhi apne India GCCs ko AI aur tech ke liye bada kar rahe hain, taki woh digital functions par apna control wapas le sakein. UBS bhi aisa hi kar raha hai.
Stock performance thoda upar-neeche raha hai, 5-saal mein +168% return diya hai lekin abhi recent mein thoda peeche chal raha hai. Bank ko past mein execution problems aur regulations se bhi dikkat hui hai. Plus, unke paas $255 billion ka debt bhi hai. AI ko integrate karna aur leadership shift karna ek complex kaam hai, jismein galati ki gunjaish kam hai.
Analysts ka mood thoda mila-mila sa hai, mostly 'Hold' ya 'Moderate Buy' ka keh rahe hain. Woh changes ko appreciate kar rahe hain, par execution par thoda dhyan dene ko bol rahe hain.